The net changes in the balance sheet accounts of Donna, Inc. for the year 2021 are shown below: Credit Debit $ 134,100 $ 63,600 10,200 197,700 20,600 149,500 415,000 661,000 110,000 29,500 Account Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Long-term investments Land Buildings Machinery Office Equipment Accumulated depreciation: Buildings Machinery Office Equipment Accounts payable Accrued liabilities Dividends payable Premium on bonds Bonds payable Preferred stock ($50 par) Common stock ($10 par) Additional paid-in capital-common Retained earnings 22,500 18,800 12,000 184,300 74,900 126,500 36,400 910,000 72,400 160,000 273,600 68,400 $1,875,500 $1,875,500 Additional information: 1. Net income $159,500 2. Cash dividends of $126,500 were declared December 15, 2021, payable January 15, 2022. A 5% stock dividend was issued March 31, 2021, when the market value was $24 per share. 3. The long-term investments were sold for $140,500. 4. A building and land which cost $494,000 and had a book value of $371,500 were sold for $405,000. The cost of the land, included in the cost and book value above, was $20,500. 5. The following entry was made to record an exchange of an old machine for a new one: Machinery 165,000 Accumulated Depreciation-Machinery 43,500 Machinery 55,000 Cash 153,500 6. A fully depreciated copier machine which cost $29,500 was written off. 7. Preferred stock of $72,400 par value was redeemed for $87,400. 8. The company sold 12,400 shares of its common stock ($10 par) on June 15, 2021 for $28 a share. There were 88,000 shares outstanding on December 31, 2021. 9. Bonds were sold at 104 on December 31, 2021. 10. Land that was condemned had a book value of $243,000. Proceeds received totaled $109,000. Prepare a statement of cash flows (indirect method). Ignore tax effects. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Donna, Inc. Statement of Cash Flows For the Year Ended December 31, 2021 Increase (Decrease) in Cash Adjustments to reconcile net income to Adjustments to reconcile net income to The net changes in the balance sheet accounts of Donna, Inc. for the year 2021 are shown below: Credit Debit $ 134,100 $ 63,600 10,200 197,700 20,600 149,500 415,000 661,000 110,000 29,500 Account Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Long-term investments Land Buildings Machinery Office Equipment Accumulated depreciation: Buildings Machinery Office Equipment Accounts payable Accrued liabilities Dividends payable Premium on bonds Bonds payable Preferred stock ($50 par) Common stock ($10 par) Additional paid-in capital-common Retained earnings 22,500 18,800 12,000 184,300 74,900 126,500 36,400 910,000 72,400 160,000 273,600 68,400 $1,875,500 $1,875,500 Additional information: 1. Net income $159,500 2. Cash dividends of $126,500 were declared December 15, 2021, payable January 15, 2022. A 5% stock dividend was issued March 31, 2021, when the market value was $24 per share. 3. The long-term investments were sold for $140,500. 4. A building and land which cost $494,000 and had a book value of $371,500 were sold for $405,000. The cost of the land, included in the cost and book value above, was $20,500. 5. The following entry was made to record an exchange of an old machine for a new one: Machinery 165,000 Accumulated Depreciation-Machinery 43,500 Machinery 55,000 Cash 153,500 6. A fully depreciated copier machine which cost $29,500 was written off. 7. Preferred stock of $72,400 par value was redeemed for $87,400. 8. The company sold 12,400 shares of its common stock ($10 par) on June 15, 2021 for $28 a share. There were 88,000 shares outstanding on December 31, 2021. 9. Bonds were sold at 104 on December 31, 2021. 10. Land that was condemned had a book value of $243,000. Proceeds received totaled $109,000. Prepare a statement of cash flows (indirect method). Ignore tax effects. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Donna, Inc. Statement of Cash Flows For the Year Ended December 31, 2021 Increase (Decrease) in Cash Adjustments to reconcile net income to Adjustments to reconcile net income to